An aerial view of part of the Miramar industrial portfolio bought by San Francisco-based investment firm Stockbridge. Courtesy photo
Stockbridge's purchase at $192 per square foot is at least the second South Florida industrial buy this year by the institutional investor.
August 19, 2019 at 03:35 PM
1 minute read
South Florida real estate reporter
Stockbridge Capital Group bought a Miramar industrial portfolio for $116.5 million, highlighting the healthy appetite among institutional investors for industrial properties in the robust South Florida market.
San Francisco-based Stockbridge closed Friday on the five-building, fully leased portfolio from preeminent industrial developer IDI Logistics, which shared portfolio ownership with institutional investors.
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